The Hindu Business Line : Sunday, July 11, 2004

FOREX
Forex reserves rise by $671 m
AFTER a drop of over $500 million in the previous week, the forex reserves of the country moved northwards by $671 million to touch $120.078 billion, up from $119.407 billion for the week ended July 2. According to experts, the reserves, which ... More

FIXED DEPOSITS
Tax on deposits a big blow, say NRIs
THE decision to tax interest on NRE deposits announced in the Union Budget has shocked NRIs in the UAE, with leaders of the expatriate community warning that it could lead to a huge outflow of NRI funds from India and curtail fresh investments in ... More

Cross Currency Rates

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